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Moody's had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old agency into line with its rivals.
The dampened outlook for the U.S. mirrors a slowdown expected for the global economy, the OECD said, predicting global economic growth to fall from 3.4% in 2024 to 2.9% in 2025.
Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy takes a toll. By Patricia Cohen Reporting ...
Global growth is projected at 3.3 percent both in 2025 and 2026, broadly unchanged from the October 2024 World Economic Outlook (WEO) forecast with an upward revision in the United States offsetting ...
U.S. economic growth slowed to 2.3 percent in late 2024. Business investments fell in the fourth quarter, ... which sums up the goods and services produced in the United States.
For the first time in 50 years, the United States may see more immigrants leave than arrive, a reversal driven by the Trump administration’s sweeping crackdown on legal and illegal migration.
NEW YORK — The United States' economic growth forecast was cut sharply on Tuesday by the Organization for Economic Co-operation and Development, or OECD, which attributed the gloomy outlook in ...